New Lifetime website coming soon!

We’ve got some exciting news!

We wanted to let you know that we are soon going to be launching a brand-new website – and a new Lifetime Digital Service featuring our financial guide flo!

We have put time and resources into establishing an innovative, online service that offers a pathway for clients to take control of their finances and make better informed money choices.

Fancy a sneak peek? Then please watch this video that will give you a flavour and a short explanation of what our digital proposition will entail. The new website will replace the current Lifetime site.

We think financial wellbeing has never been as important as it is right now, so we’d also absolutely love it if you would share our news! Let your family, friends and work colleagues know about our digital service and urge them to start their journey.

Current Lifetime clients can rest assured; our service and commitment to you has not changed.

Clients can still access their personal finance portal as they normally do. If they do it through the Lifetime website then it can be directly accessed on the new-look site via a link in the top left corner.

If you have additional questions about the website, or the new digital service, then please visit our FAQs.

We’re excited about our new venture and we hope you will help us spread the word!

Remember, a Lifetime financial plan can help you to understand where you are now with your finances and can answer your questions about the future.

Majority of working adults admit to not understanding enough about their pension – ONS survey

The majority of working adults admit to not understanding enough about pensions to make important decisions about their retirement.

That is according to new data emerging from the Office of National Statistics.

The Wealth and Assets survey carried out by the ONS revealed that only 44 per cent of working adults felt they had enough understanding of pensions, and their workings, so that they could feel confident about making key decisions about their retirement plans.

The survey looked at a whole raft of data, including attitudes towards pensions and long-term savings planning.

Pension saving has increased significantly in the last few years, largely due to the implementation of auto enrolment, but there still appears to be a worrying lack of understanding.

The ONS survey also revealed that just one-in-three (32 per cent) working adults have given any consideration to how many years of retirement they need money for. Yet, at the same time, 1.5 million adults have taken advantage of the pension freedoms since they were introduced in 2015.

This latest report only re-emphasise the need for better education, engagement, information and quality advice around pensions, and finances in general.

Lifetime offer specialist pension and retirement planning advice to clients as part of the company’s overall financial planning package.

Maintaining your standard of living when you have retired from work is one of the biggest challenges people face. Planning when to retire and how to pay for it can be an insurmountable task without having a financial plan in place.

If you need help with your pension then please telephone us on 01226 208600, or email

Lifetime financial planner Kris achieves chartered status

It took him two years to complete but Lifetime financial planner Kris Booth is now celebrating – after achieving chartered status.

Kris (pictured below) chose the PFS route (through the London Institute of Banking and Finance) and took four exams in total – studying six months for each.

The exams consisted of:

  • Pension Transfers (Assignment and three hour written exam)
  • Taxation and Trusts (Assignment and three hour written exam)
  • Managing Investments (Assignment and three hour written exam)
  • Certificate in Long Term Care and later Life Planning – two hour multi choice exam

Kris said: “It was a long slog but I’m delighted to have got there. I enjoyed some papers more than others, and I’m glad to get it completed.”

Well done Kris!

Bassetlaw becomes 24th UK hospice to receive donation from Lifetime referral scheme

Lifetime’s highly successful referral scheme has now given donations to 24 different hospices in the UK.

The latest hospice to receive a cash boost is Bassetlaw in Retford, Nottinghamshire (pictured below):

The cheque to Bassetlaw has lifted the total number of Lifetime referral scheme donations to over £39,950.

  • The foundation of our financial management business has always been the relationships we have had with our clients and Lifetime has been built upon their loyalty and the level of service we have been able to provide. We have grown and continue to do so through the recommendations and referrals we receive from them.
  • If you are happy with the service you have received from Lifetime and know of family, friends or colleagues you feel could benefit from this service then we have found a way that will also benefit your local community.
  • For all introduced clients to Lifetime, we will donate, on your behalf, 10% of any initial fees generated on new transactions completed with these clients, to your local hospice.


Lifetime seeking new Digital Customer Coach

Lifetime is seeking fresh inspiration in the form of a new Digital Customer Coach.

Customer Coaching is an exciting new way to help people with their finances, made possible through innovative technology.

Based at our Barnsley headquarters, this  is a unique opportunity to make financial planning accessible and engaging for people. You will be joining a new team of Digital Customer Coaches within a fast-paced, forward-thinking company.

Within weeks you will be helping build financial plans for our customers, achieving exceptional customer service satisfaction levels and making a difference to hundreds of people’s lives.

Customer Coaches help people explore their life goals, and show them how affordable they could be if they managed their money more effectively. With our training behind you, you will make financial topics simple, engaging and exciting.

Whether it be budgeting, savings, investments, pensions, mortgages or life insurance, coaches help and empower people to tackle their personal finances in the same way a personal trainer encourages their customers to hit their physical goals.

We are looking for a person with:

  • Exceptional customer service, with customers at the heart of everything you do.
  • Excellent communication and listening skills.
  • The ability to build relationships through various outlets, including phone, email, text, video messaging and video conferencing.
  • Strong ability to work as part of a team and under your own initiative.
  • Strong time management, organisation and attention to detail.
  • Good knowledge and use of Microsoft Outlook, including Outlook calendar.

Remuneration is negotiable for the right person.

Can you add value to a dynamic, high performing financial management company? If so then please email with your reasons why – and please remember to attach your cv.

Homebuyers exempt from stamp duty on homes up to £500,000 announces Chancellor

Homebuyers will be exempt from paying stamp duty on homes up to £500,000.

The stamp duty ‘holiday’, which will run until 31st March 2021, was announced by Chancellor of the Exchequer Rishi Sunak in his summer economic update on Wednesday.

As part of new ecomonic measures, Mr Sunak said the stamp duty holiday would take place with immediate effect, as the government seeks to revive the housing market following the heavy impact of the Covid-19 epidemic.

Up until now stamp duty has been paid on land or property sold for £125,000 or more in England and Northern Ireland. There are different rates and systems in Scotland and Wales.

In his speech Mr Sunak said that, on average, people buying a home would save £4,500 due to the raising of the threshold.

  • Buyers usually pay their stamp duty based on the price on the day the sale is completed. That ‘bill’ has to be paid to HM Revenue and Customs within 14 days.


Research suggests Gen Xers do not have enough savings to fund retirement

UK residents aged between 40-55, often referred to as Generation X, have not enough pension and investment savings to fund even a modest retirement.

That is according to research carried out by Dunstan Thomas.

The research also revealed that 10% of the Generation Xers that were surveyed claim to have no pension whatsoever.

Other alarming statistics that emerged from the survey included:

  • The majority (84%) of Gen Xers are making crucial financial decisions alone or together with their partner, while nearly half (44%) do not consult anyone at all.
  • A mere 9% of those surveyed have consulted a financial adviser in the last 12 months.
  • Gen Xers are putting just 25% of the recommended amount into their pensions each month, falling short by around £600. (Research by the Institute and Faculty of Actuaries suggested Gen Xers need to put £799 per month into their pension to afford the Pensions and Lifetime Savings Association’s moderate retirement lifestyle income target of £10,200 per year).

Most of those in the Generation X age bracket have various pensions. More than a quarter (27%) have a minimum auto-enrolment pension, and the same number (27%), have a defined benefit pension. Less than a fifth (17%) have a defined contribution workplace pension scheme.

According to Dunstan Thomas, Gen Xers have more than twice as much money held in their pension pots than they have saved as non-pension investments, but they still do not have enough put away to fund even a modest retirement.

Lifetime offices closed but ‘business goes on’ and clients can contact financial planners and staff

All our lives are in some sort of upheaval due to the rapid spread of the Coronavirus (Covid-19).

We know that people are anxious right now, including our clients. Even those who have a long-term, trusted relationship with their Lifetime financial planner may be concerned about their money and investments, as the Coronavirus continues to impact the UK and the world.

Rest assured, as a company we are continuously monitoring developments and government notifications, and thanks to the innovation we embarked upon over a year ago we are in a position whereby we can maintain our commitment of excellent client service.

These are not normal days we are living through, of course, so we have taken the necessary steps to protect our staff as best we can, and to protect the running of the company.

In line with government guidelines, the Lifetime offices are closed until further notice, but a good number of our staff are working from home.

And so, for the most part, it remains ‘business as usual’.

We understand that, in these uncertain months, you might need our services more than ever. Keeping clients reassured and informed is of paramount importance to us, especially with the ever-changing Coronavirus news and guidelines we are given.

Our financial planners, pension specialists, mortgage advisers, communications team and support staff are all set up to continue working through this crisis, at home, and we can deal with calls, emails and client meetings via Zoom screen-to-screen technology.

If you need us for anything in this unprecedented time, then please call your financial planner on their mobile number. If you have not got that number then phone office number 01226 208600 for further instructions.

We do urge all our existing clients, if they haven’t already done so, to register to our safe and secure online Client Portal, where all your documentation can be stored and you can communicate with us.

If you are not already set up on the portal then please get in touch with our Communications team, by email, at and they will help get you registered. If we haven’t got your email address, or if you have a new one, then please let our Communications Department know so they can send you a registration email.

And to those people who are currently looking for advice regarding their finances, be it financial planning, pensions, investments or for a mortgage, we are here, ready, willing and able to help.

These are turbulent times, we know and appreciate that. Together we will get through it.

Stay safe.

– Your Lifetime Team

Lifetime are also very active online, in particular in terms of our social media.

If you don’t already do so then please connect with us on the following platforms. We put a lot of stuff out and it is a great way to stay connected.

Twitter: @LifetimeFM

Facebook: Lifetime Financial Planners

Linkedin: Lifetime

Instagram: iamflo_lifetime


Watch Lifetime’s latest webinar

In our latest webinar, Lifetime director and chairman of the company’s Investment Committee Rupert Smith is joined by special guests Peter Westaway, the Chief European Economist at Vanguard, and Angie Staunton, an APFC Chartered Financial Planner and Vanguard’s Business Development Manager.

Peter talks about the economy, explaining the impact of the Coronavirus (Covid-19) pandemic, while Angie explained the merits of Vanguard LifeStrategy funds.

May we go into this new month with positive purpose

Today the sun is shining. Well, it was when the words started to tumble out for this piece! It is a new day. The first of a new month. May 1st 2020. Do you find optimism in that?

Please try.

Times are tough. Normality has had to take a back seat. A crisis has descended on the world world, enveloping our country, and our people, in the process, and making life hard, in some tragic cases unbearably so.

We are trying our very best to be positive in everything we are doing right now. Have you noticed how everyone else is doing the same? Well, almost everyone else……!

Of course, it is hard to be positive all the time. It is only natural for there to be occasions when you don’t feel very positive – and you worry about what might happen. We have those switches in mood too. But then we see someone showing leadership, like war veteran Captain-now-Colonel Tom, and all those magnificent people on the front line battling this Coronavirus, and that makes us get right back on the ‘positivity trail’ once again.

This matters. It matters to us. It matters to our clients. It matters to us all. It matters now and it will matter in the future.

Moods are contagious. Please be the one to spread your good mood. There will be others, friends, family, who may need that ‘good cheer’ so, so much right now.

We hope that you are all feeling optimistic today, on the first of May. In these parts, April ended with a gorgeous double rainbow, perhaps letting us know that there are lovely things still to witness on this earth of ours. We hope that you are trying to spread those positive vibes as much as you can, attempting to have a positive effect on those around you. It helps. It really does.

Everyone has a role to play. There is some comfort and reassurance to be gained from the fact we’re all in this together. We will get through this and we believe we will get back to living the life we want to live.

Be safe. Stick in there. Be positive. Look after yourself, and the people you are in contact with. 😀👏😀